AFC Energy moves into next phase of ABB partnership
London, UK
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March 29, 2023 08:26 AM Eastern Daylight Time
AFC Energy PLC (AIM:AFC, OTC:AFGYF) CEO Adam Bond speaks to Proactive after announcing that Swedish energy and engineering group ABB is to take a stake in the business after a successful test of its hydrogen fuel cell technology. Bond says that "we delivered the system on time, we achieved the outcome we wanted to achieve and have even gone so far as to create a first pipeline of commercial deployments with ABB in our new agreements."
AFC Energy PLC (AIM:AFC, OTC:AFGYF) said Swedish energy and engineering group ABB is to take a stake in the business after a successful test of its hydrogen fuel cell technology.
A cumulative 100kW liquid-cooled fuel cell (the S+ Series) exceeded contracted targets in a test run by ABB’s E-mobility arm and verified by an independent German engineering group, IAV.
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